Category: Contractors

Over half of contractors not confident in client’s IR35 decisions

Kingsbridge: ‘It’s clearly been a difficult year for contractors, with the combined effects of Covid-19 and Brexit already weighing heavily on their shoulders, and IR35 is yet another challenge to contend with’.

HMRC’s IR35 report has come too late, says APSCo

APSCo: ‘It is disappointing that this research has come to light so late in the day, leaving little time for action from HMRC’.

New Small Businesses Commissioner announced to tackle late payments

Liz Barclay, an experienced business advocate and former journalist, will be the first female Small Business Commissioner.

Self-assessment taxpayers have until 1st April to pay outstanding tax

Figures show that more than 10.7 million people managed to submit their 2019/20 self-assessment tax return by the 31st January deadline date.

Half of UK contractors plan to quit sector due to IR35 reforms

IPSE: ‘The pandemic has done disproportionate financial damage to the self-employed sector: after this, it simply cannot take the added hit of the changes to IR35’.

Female contractors face greater financial problems, finds survey

IPSE: ‘The pandemic has brought disproportionate financial struggles on many self-employed women. Even before 2020, they faced a much greater gender pay gap than among employees’.

Still more needed to help SMEs through the pandemic

FSB: ‘While the furlough extension is much-needed, small employers are still struggling due to high national insurance contributions and the removal of the job retention bonus’.